The price is the first thing buyers notice about your property. If you set your price too high, then the chance of alienating buyers is higher. You want your house to be taken seriously, and the asking price reflects how serious you are about selling your home.
Several factors will contribute to your final decision. First, you should compare your house to others that are in the market. If you use an agent, he/she will provide you with a CMA (Comparative Market Analysis). The CMA will reflect the following:
houses in your price range and area that were sold within the last half-year
asking and selling prices of houses
current inventory of houses on the market
features of each house on the market
From the CMA, you will learn the difference between the asking price and selling price for all homes sold, the condition of the market, and other houses comparable to yours.
Also, try to find out what types of houses are selling and see if it applies to your area. Buyers follow trends, and these trends can help you set your price.
Always be realistic. Understand and set your price to reflect the current market situation.
• I met Donna several years ago, before she became a realtor, and liked her immediately. We came together more recently when my husband and I decided to sell our home. We have a couple of hurdles to overcome, but because of the fact that Donna went over the top to research and do work I had not expected, our greatest hurdle is behind us. Donna not only is knowledgeable, smart and personable, she has a level of work ethic and integrity that is far above average. If you want a realtor who is professional and knowledgeable, and who sincerely works on your behalf, call Donna."Kim Farris
Donna sold me the house I currently live in. She inspired me to become an agent, so I did and then we worked together. After she became the broker, I worked for her and she inspired me again ... now I am a broker too! Donna is busy busy busy - making sure her clients find the deal they want at a fair price, selling their property for a fair deal, or inspiring others to make a positive difference! Donna cares for her community and the people around her. Fair, honest, competitive (in a positive way), and busy ......... that's why she can claim to be the number one selling office in North Walton County! The Golden Rule ........ to treat others the way you would want to be treated ......... that's Donna Arnold."Susan Dixon